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Studio · 458 sqftSilicon Gates 1, Dubai Silicon Oasis · 15th floor · completed 2014

B-1505, Silicon Gates 1

Sold prices and rental history: sold 3 times, last in November 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit B-1505 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 300K13 November 2019
Current rentAED 38K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for B-1505, Silicon Gates 1

What is B-1505 worth today?

Last sold for AED 300,000 in 2019

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25 May 2025RentedRenewal
AED 38,000/yr12 months · AED 82 per sqft
25 May 2024RentedRenewal
AED 34,000/yr12 months · AED 73 per sqft
25 May 2023RentedNew contract
AED 31,500/yr12 months · AED 68 per sqft
30 Sep 2021RentedNew contract
AED 23,000/yr12 months · AED 50 per sqft
13 Nov 2019SoldReady
AED 300,000AED 654 per sqft
8 Aug 2018RentedNew contract
AED 37,000/yr12 months · AED 80 per sqft
5 May 2016RentedNew contract
AED 48,000/yr12 months · AED 104 per sqft
22 Jan 2015SoldReady
AED 290,000AED 632 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
15th of 25
Parking
B1-13
Developer
Time Properties
Completed
2014
Service charge
AED 6,800 /yr
Last sold
AED 300K · November 2019
Building
Silicon Gates 1

About B-1505, Silicon Gates 1

B-1505 is a studio of 458 sqft on the 15th floor of Silicon Gates 1, a 25-storey tower in Dubai Silicon Oasis completed in 2014 by Time Properties. It last sold on 13 November 2019 for AED 300,000, or AED 654 per sqft, in line with the AED 672 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 38,000 a year: a gross yield of 12.7% on the 2019 price, before the service charge of about AED 6,800 a year.

Sales and rents for B-1505 over time

Sales
Unit B-1505, each saleTypical studio in Silicon Gates 1
200K400K2009201420192024Typical sale price by year: 2009 AED 328,000; 2010 AED 436,000; 2011 AED 343,339; 2012 AED 175,000; 2013 AED 331,920; 2014 AED 357,000; 2015 AED 351,903; 2016 AED 400,000; 2017 AED 390,000; 2018 AED 340,000; 2019 AED 290,000; 2020 AED 235,000; 2021 AED 252,500; 2022 AED 252,500; 2023 AED 300,000; 2024 AED 350,000; 2025 AED 400,000; 2026 AED 452,500Sold by developer, August 2009: AED 290,000 (AED 632 per sqft)Sold, January 2015: AED 290,000 (AED 632 per sqft)Sold, November 2019: AED 300,000 (AED 654 per sqft)

B-1505 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit B-1505, each contractTypical studio in Silicon Gates 1
20K40K2014201820222026Typical rent by year: 2014 AED 44,880; 2015 AED 45,000; 2016 AED 45,000; 2017 AED 40,000; 2018 AED 35,500; 2019 AED 29,000; 2020 AED 24,000; 2021 AED 21,000; 2022 AED 24,000; 2023 AED 27,915; 2024 AED 33,500; 2025 AED 36,000; 2026 AED 38,000New contract, May 2016: AED 48,000 a yearNew contract, August 2018: AED 37,000 a yearNew contract, September 2021: AED 23,000 a yearNew contract, May 2023: AED 31,500 a yearRenewal, May 2024: AED 34,000 a yearRenewal, May 2025: AED 38,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Silicon Gates 1, and where B-1505 sits

All 376 studios →

B-1505 last sold in November 2019 at AED 654 per sqft, in line with what studios in Silicon Gates 1 were fetching at the time (AED 672). Over the last 12 months studios sold for AED 285,000 to 545,000, around AED 1,105 per sqft, and rent for AED 27,500 to 68,400 a year. B-1505's AED 38,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
23 Oct 2026480,000
15 Oct 2026422,000
1 Oct 2026500,000
22 Sep 2026405,000
32 studio sales in the last 12 months

Silicon Gates 1

Building

865 apartments, studios to 3-bed over 25 floors in Dubai Silicon Oasis, completed in 2014 by Time Properties. 69 sold in the last 12 months.

Typical price per sqft
AED 877 Up 9.2%
Typical sale
AED 541K
Typical rent
AED 46K /yr
Typical yield
8.9%
Silicon Gates 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 15th floor

All 865 units in Silicon Gates 1
Value
A-15012-bedAED 1.2M · Aug 2016
A-1502StudioAED 310K · Sep 2023
A-1503AStudioAED 215K · Sep 2014
A-1503BStudioAED 195K · Feb 2022
A-1504A1-bedAED 618K · Nov 2016
A-1504BStudioAED 251K · Jun 2015
A-15051-bedAED 675K · Oct 2026
1–7 of 34

B-1505, Silicon Gates 1 in numbers

  • Sold 3 times: first on 19 August 2009 for AED 290,000, last on 13 November 2019 for AED 300,000 (AED 654 per sqft).
  • Rented since May 2016 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 23,000 in 2021 and recovered to AED 38,000 by May 2025.
  • At AED 38,000 a year the gross yield on the 2019 price is 12.7%, before a service charge of about AED 6,800 a year (AED 14.94 per sqft).
  • Studios in Silicon Gates 1 sold for AED 285,000–545,000 in the 12 months to November 2026; the building's median across all types is AED 877 per sqft.

Source: Dubai Land Department. Updated 25 May 2025.

Questions about B-1505, Silicon Gates 1

What did unit B-1505 last sell for?

AED 300,000 on 13 November 2019: AED 654 per sqft for 458 sqft. The unit has 3 registered sales; the first was AED 290,000 in August 2009.

What is the rent for unit B-1505?

AED 38,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 34,000; the unit has been rented since May 2016.

How big is unit B-1505?

458 sqft (42.5 sqm): a studio on the 15th floor of a 25-storey tower completed in 2014.

What is unit B-1505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Silicon Gates 1 sold for AED 285,000 to 545,000 in the last 12 months, around AED 1,105 per sqft.

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Mortgage on B-1505, Silicon Gates 1

Starts from the last sale price (AED 300K, 13 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →